Company News

Amwins, a global distributor of specialty insurance products and services, has partnered with FusionMGA to provide retail brokers with access to cyber security solutions.

The roll-out of Tesla’s data insurance product is well underway in the US, promising its safe-driving customers up to 60% off their premiums, and freedom from being judged by conventional underwriting factors such as age and gender. But what will the impact on the rest of the market be? And will the venture last?

Qatar-based insurance organisation QIC Global has partnered with hyperexponential, a SaaS pricing platform for insurers. Within the first 100 days of using the technology, QIC Global has experienced a four-times reduction in time to adjust models.

Thai Life Insurance is reportedly targeting a capital raise of $1bn through an initial public offering (IPO) in Thailand.

Wejo Group Limited, a provider of cloud and software solutions for connected, electric and autonomous vehicle data, has teamed up with Ford Motor Company in Europe to leverage connected vehicle data in insurance.

According to hyperexponential, 80% of actuarial time is not spent on actuarial work. What can insurers do to free up more time and get the best out of their teams?

Duck Creek Technologies, a provider of intelligent solutions “defining the future of property and casualty (P&C) insurance”, has agreed to acquire France-based Prima Solutions’ flagship commercial reinsurance technology solution, Prima XL.

Previsico, the live flood alert InsurTech, has partnered with GWTInsight, a commercial building data services company, to help insurers work closely with their property owner clients to mitigate the risk of surface water flood damage.

Accelerant, an InsurTech platform that aims to empower underwriters with superior risk exchange and data analytics, coupled with long-term capacity commitments, has opened EU headquarters in Brussels.

Stere, a digital ecosystem specialising in capacity sourcing and digital capabilities for embedded insurance partners and MGAs, has expanded its operations to the Latin American insurance market.